Left Bank PHPA 1 Last year Bhutan and India agreed to drill multiple rock samples into the right bank area to check for its stability to see if a dam is feasible or not. Currently the joint Technical Coordination Committee with member from both sides has not finalized its report. …
Read More »Pamtsho murderer confesses to committing murder under the influence of drugs and alcohol
Family wants justice Sumitra was pulled below the road at this place 13-year-old Sumitra Chhetri, a class 6 student in Dechencholing Higher Secondary School staying in Pamtsho, headed out of her home in the morning of 23 May 2024 at 8.30 am with the aim of going with her class …
Read More »NA MPs ask about 2,800 cc Designated Vehicles for MPs and rationalization
A 21st May 2024 press release by the National Assembly (NA) said that one of the motions expected during the upcoming NA session is ‘Inconsistency between the practice and the intent of the Pay Structure Reform Act 2022.’ Hidden behind the innocuous title is growing resentment among new NA MPs …
Read More »Remittance in 2023 reached record USD 124.04 mn due to 10% incentive
Remittance in 2024 reaches USD 41.57 mn due to Feb incentive Bhutan saws its highest every remittance in 2023 with a record USD 125.04 mn worth of remittance. However, this huge increase was mainly on the account of the 10% incentive scheme offered from 14th June 2023 to December 2023, …
Read More »Karma Gyeltshen refuses to back down from his Summit claim
The nation has largely been celebrating Lieutenant Jigme Pelden Dorji as the first Bhutanese to summit the Mount Everest on 20th May 2024. In the meantime, there are those online who ask about Karma Gyeltshen and his claims of having summited Mount Everest on 21st May 2005. There are some …
Read More »Interpol Red Notice out against rape accused who fled to Australia after getting bail
In early June 2018, the Royal Bhutan Police (RBP) arrested a Dzongkhag Kidu Officer named Chencho Gyeltshen after a Drayang Owner filed a complaint of alleged rape against him for allegedly raping a Drayang worker, who was later found to be 17-years-old. At the time, the initial police investigation and …
Read More »Interpol help sought after Procurement Officer involved in embezzling 50% of around Nu 100 mn Govt project heads to Australia
On the behest of the Anti-Corruption Commission (ACC), the Royal Bhutan Police (RBP) has sent a request to the International Criminal Police Organization (Interpol) to put up a Red Notice alert in Australia against a former Procurement Officer, Sonam Dorji, of the erstwhile Ministry of Information and Communication (MoIC). The …
Read More »T Bank placed under loan moratorium and fined for violating CAR and misinforming RMA
The Royal Monetary Authority (RMA) has placed the T Bank under a rehabilitation program that includes a loan moratorium from 3rd May for breaching the minimum Capital Adequacy Ratio (CAR) of 12.50%. On December 2023 T-Bank’s CAR was found to be 12.21%. The RMA has also said that T Bank …
Read More »Gyem decides to sue after foreign legal firm of International Reinsurers values life of his wife and daughter at Nu 813,000 each
On 3rd March 2023 42-year-old Gyem Gyelsthen lost his 38-year-old wife Dresang Dema and his four-year-old daughter Nima Peday in a helicopter crash due to pilot error. While the insurance documents for Druk Air’s helicopter clearly outlined a USD 200,000 insurance per person the international reinsurance companies through a Singaporean …
Read More »Bye Puth, Hello Enveer
New Pyramid scheme similar to Puth gaining popularity While the government may have shut down the Puth scheme there is another very similar one growing in popularity among Bhutanese. While Puth required a minimum of USD 50 to join the Enveer group requires USD 100 to join. Like Puth, the …
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The Bhutanese Leading the way.